Short Interest in MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Declines By 52.1%

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 4,222 shares, a decrease of 52.1% from the December 31st total of 8,809 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,848 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 8,848 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance

NYSEARCA FNGO opened at $112.82 on Thursday. MicroSectors FANG+ Index 2X Leveraged ETN has a 52-week low of $48.67 and a 52-week high of $140.87. The company has a fifty day moving average of $119.14 and a 200-day moving average of $120.27. The company has a market capitalization of $564.10 million, a P/E ratio of 38.58 and a beta of 2.36.

MicroSectors FANG+ Index 2X Leveraged ETN Company Profile

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The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.

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